Civic Intelligence

Gastrocares Inc.

990EZ • Fiscal year 2023 • EIN 85-3329208

Jan 01, 2023 to Dec 31, 2023 • Filed on May 30, 2024

5550 Friendship Blvd Suite T-90Chevy Chase, MD 20815

(443) 742-9304

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

96th percentile

82%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

91st percentile

87%

Faster asset growth than 91% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-13%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$176,086

Up $82,013 (+87%) from 2022

Net Assets

Up

$176,086

Up $82,632 (+88%) from 2022

Liabilities

Down

$0

Down $619 (-100%) from 2022

Revenue

Down

$100,700

Down $14,601 (-13%) from 2022

Expenses

Down

$18,068

Down $8,963 (-33%) from 2022

Net Income

Down

$82,632

Down $5,638 (-6.4%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$150K$100K$50K$0Assets 2022: $94,073Liabilities 2022: $619Net Assets 2022: $93,4542022Assets 2023: $176,086Liabilities 2023: $0Net Assets 2023: $176,0862023Assets 2024: $146,332Liabilities 2024: $0Net Assets 2024: $146,3322024Assets 2025: $163,664Liabilities 2025: $0Net Assets 2025: $163,6642025

Highlighted filing

2023

Assets$176,086
Liabilities$0
Net Assets$176,086

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $115,301Expenses 2022: $27,031Net Income 2022: $88,2702022Revenue 2023: $100,700Expenses 2023: $18,068Net Income 2023: $82,6322023Revenue 2024: $250Expenses 2024: $30,004Net Income 2024: -$29,7542024Revenue 2025: $45,000Expenses 2025: $27,668Net Income 2025: $17,3322025

Highlighted filing

2023

Revenue$100,700
Expenses$18,068
Net Income$82,632
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 30, 2024
Return Version
2023v5.0
Gross Receipts
$100,700
Mission and Program Overview

Mission

While african american and latinx individuals represent 13% and 18% of the u. S. Population respectively, they are dramatically under-represented as providers within the healthcare system in general, and gastroenterology in particular. With only 4% of practicing gastroenterologists identifying as african american and only 5% identifying as latinx, in the absence of meaningful change, the field of gastroenterology will struggle to provide effective, equitable, and culturally conscious care to a growing population in need of it. To address this critical deficit in the diversity of providers, gastrocares seeks to inspire motivated individuals to pursue careers in medicine through early exposure to physician role models, mentors, and hands-on experiences.

Program Services

DescriptionGrantsExpenses
THE MAJOR PROGRAM IS THE INTERNSHIP PROGRAM. IN PURSUIT OF OUR MISSION, GASTROCARES HAS DEVELOPED SEVERAL CORNERSTONE PROJECTS GEARED TOWARDS HIGH SCHOOL AND COLLEGE STUDENTS. THIS INCLUDES A PARTNERSHIP WITH HIGH SCHOOLS IN WASHINGTON DC COMPRISED OF PREDOMINANTLY AFRICAN AMERICAN AND LATINX STUDENTS.$0$10,405
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOMINIQUE E HOWARDChairmanPT$0--
RODERICK B KREISBERGVice ChairmanPT$0--
AAMIR ALIBoard Of ManagersPT$0--
MICHAEL L WEINSTEINDirectorPT$0--
ANN MARIE STEPHENSON THOMASDirectorPT$0--
DAVID YOUNGDirectorPT$0--
NAEEMAH S FUENTESDirector/ Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Gastrocares Inc
EIN
85-3329208
Phone
4437429304
Address
5550 FRIENDSHIP BLVD SUITE T-90, CHEVY CHASE, MD 20815

Signing Officer

Name
Naeemah S Fuentes
Title
Treasurer
Phone
4437429304
Signed
2024-05-30
Discuss with paid preparer
Yes

Preparer

Firm
Snyder Cohn Pc
Address
11200 ROCKVILLE PIKE SUITE 415, NORTH BETHESDA, MD 20852
Preparer
Steven M Braunstein
Phone
3016526700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation/amortization. Amount: 2,400.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 290. Description: bank charges. Amount: 1,900. Description: internships. Amount: 9,225. Description: contract services. Amount: 211. Description: meals expense. Amount: 1,180. Total to form 990-ez, line 16: 12,806.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 10,600. End of year amount: 8,200.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 619. End of year amount: 0.

Raw XML Appendix187 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0WHILE AFRICAN AMERICAN AND LATINX INDIVIDUALS REPRESENT 13% AND 18% OF THE U. S. POPULATION RESPECTIVELY, THEY ARE DRAMATICALLY UNDER-REPRESENTED AS PROVIDERS WITHIN THE HEALTHCARE SYSTEM IN GENERAL, AND GASTROENTEROLOGY IN PARTICULAR. WITH ONLY 4% OF PRACTICING GASTROENTEROLOGISTS IDENTIFYING AS AFRICAN AMERICAN AND ONLY 5% IDENTIFYING AS LATINX, IN THE ABSENCE OF MEANINGFUL CHANGE, THE FIELD OF GASTROENTEROLOGY WILL STRUGGLE TO PROVIDE EFFECTIVE, EQUITABLE, AND CULTURALLY CONSCIOUS CARE TO A GROWING POPULATION IN NEED OF IT. TO ADDRESS THIS CRITICAL DEFICIT IN THE DIVERSITY OF PROVIDERS, GASTROCARES SEEKS TO INSPIRE MOTIVATED INDIVIDUALS TO PURSUE CAREERS IN MEDICINE THROUGH EARLY EXPOSURE TO PHYSICIAN ROLE MODELS, MENTORS, AND HANDS-ON EXPERIENCES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 2,400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 290. DESCRIPTION: BANK CHARGES. AMOUNT: 1,900. DESCRIPTION: INTERNSHIPS. AMOUNT: 9,225. DESCRIPTION: CONTRACT SERVICES. AMOUNT: 211. DESCRIPTION: MEALS EXPENSE. AMOUNT: 1,180. TOTAL TO FORM 990-EZ, LINE 16: 12,806.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 10,600. END OF YEAR AMOUNT: 8,200.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 619. END OF YEAR AMOUNT: 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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